Refinance of bridging loan on £5million property

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THE SCENARIO

OUR SOLUTION However, thanks to our extensive network and knowledge of lenders, I was able to speak with an underwriter at a lender who I have a good relationship with. They agreed to provide the loan amount the client required, at a fixed annual interest rate of just 5.88%. I also managed to arrange the loan with no early repayment charges so the client could repay the loan as soon as he sold the property at no additional charge. Furthermore, I had the new mortgage completed within the two-week deadline so my client avoided any fines associated with the original bridging loan. This is an example of how we are able to bend over backwards to ensure our clients get the terms they require and our ability to turn deals around extremely quickly. If you are in a similar situation, don’t hesitate to get in touch. We would be happy to discuss your options.     FIND OUT WHAT OUR BROKERS CAN ACHIEVE FOR YOU]]>